Paris-based International Chamber of Commerce's (ICC) arbitration body, International Court of Arbitration, in its September 2015 ruling had asked Antrix to pay damages worth USD 672 million (Rs 4432 crore) to Devas for "unlawfully" terminating a deal in 2011 citing national security reasons.
The matter was listed before a bench of Justices Indira Bannerjee and Anil Kumar Chawla but could not be taken up today as one of the judges was not available.
The single judge had rejected Antrix's contention that that Delhi High Court did not have the jurisdiction to hear Devas' plea as the contract was executed in Bangalore and both the companies were also based there.
Justice S Muralidhar had said that though the City Civil Court in Bangalore may have the territorial and pecuniary jurisdiction, it cannot grant any of the reliefs sought by Antrix in its plea there.
Antrix, in its plea of 2011, had sought directions to Devas, restraining it from proceeding with the ICC arbitration, contrary to the agreement between them, and from getting it modified by the ICC.
The single judge had disagreed with Antrix' contention, saying that the only order that can possibly be passed by the Bangalore City Civil Court was that none of the reliefs sought by Antrix in its 2011 plea can be granted.
The judge had said that "waiting indefinitely" for such a decision "would be an exercise in futility".
He had also directed Antrix to withdraw its plea from the Bangalore court.
Antrix had filed a plea in November 2015 in the Bangalore court challenging the arbitral award.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
